Emerging Technologies
Perseus Begins Global Data Net Expansion
New York-based low-latency network provider Perseus Telecom is expanding its LiquidPath data connectivity service from focusing on providing connectivity between the US and South American markets to primary market centers worldwide, followed by second…
Opening Cross: Teenage Takeover!
I can still recall my first days at then-Risk Waters Group in 2000 as a greenhorn researcher working on Risk magazine and FX Week, trying to quickly learn new industries and lingo, while at the same time trying to hide my inexperience. One of my earliest…
Martone Co-Locates at CenturyLink
Datacenter and hosting provider CenturyLink Technology Solutions has hired Kindra Martone as senior vice president of co-location sales, with responsibility for the vendor's global datacenter co-location strategy and initiatives.
ICE Bolsters Clearing with SuperDerivatives Buy
Intercontinental Exchange says it will buy the derivatives pricing and risk management software provider for $350 million.
A Legend Returns—But to a Different World
This week, Michael Bloomberg's officially-announced return to the company bearing his name surprised many. Welcoming him back, Tim says, is easy — the difference he'll make requires a little imagination.
Thomson Reuters Maps 12-Month Retirement-Upgrade Schedule
Thomson Reuters has notified customers that it will retire a number of legacy products over the next 12 months, as part of an ongoing program to migrate all customers to its next generation Elektron Real Time datafeed.
ICE to Buy SuperDerivatives for $350 Million
Intercontinental Exchange has announced plans to acquire derivatives pricing and risk management software vendor SuperDerivatives for $350 million in cash to "accelerate the expansion of ICE's comprehensive multi-asset class clearing strategy."
ECB: Eurosystem Ready for User Testing on T2S Platform
The European Central Bank (ECB) has announced that the Eurosystem is ready to begin user testing on the Target2–Securities (T2S) platform, the pan-European project aimed at providing a single system for settling central bank securities transactions.
Reval Hires Mitchell as Executive Vice President of Global Sales
Reval, a global provider of Software-as-a-Service (SaaS) and integrated Treasury and Risk Management (TRM) solutions, has announced the appointment of John Mitchell as its executive vice president of global sales.
ITG to Launch Bond-Trading Dark Pool
Agency broker and technology provider ITG has announced that it will launch a fixed-income version of its POSIT alternative trading system (ATS), or dark pool, focusing on US corporate bonds.
Doctoroff to Depart Bloomberg at Year-End
Bloomberg president and chief executive Dan Doctoroff is to leave the data giant at the end of this year, to be replaced by his predecessor, Bloomberg founder Michael Bloomberg, officials announced Sept. 3.
Finwire Sells Stake to PE Firm Pegroco to Fund Expansion Plans
Swedish news provider Finwire has sold a combined 25 percent stake in the company to Swedish private equity firm Pegroco Invest and Finwire chairman Peter Benson for an undisclosed amount, to help the vendor fund an international expansion for its…
Algomi Chief Takes Non-Exec Position at Baymarkets
Stuart Taylor will become a non-executive director of derivatives, fixed income and commodities software vendor Baymarkets AB, the firm has announced.
Dion Global Solutions Completes Acquisition of SwissRisk
Technology provider Dion Global Solutions has announced the completion of its acquisition of SwissRisk Financial Systems to reinforce its presence in Europe. Dion had initially acquired a controlling stake of SwissRisk in January 2012.
Doctoroff Stepping Aside as Bloomberg Rejoins
Michael Bloomberg will resume the post of CEO at the eponymous company he founded in 1981, having finished his term as mayor of New York City.
Morningstar IM Promotes Earnshaw, Hires Fane
Morningstar Investment Management, the consulting arm of Chicago-based investment research and data vendor Morningstar, has appointed Diane Earnshaw head of UK Consulting, and has hired Edward Fane as senior investment consultant and portfolio manager to…
SimCorp Appoints Corrigan as MD of North America
SimCorp has named James Corrigan the managing director of its North American operations.
Fidessa Adds Alliance News to UK Broker Offering
Data and trading technology vendor Fidessa has added Alliance News to its service for UK broker clients, in response to customer demand for new content.
SR Labs Taps Lava Founder for CEO, Post-Wombat Buy
New York-based low-latency data platform and feed handler provider SR Labs has appointed veteran technology industry executive Richard Korhammer as chief executive, following its recent acquisition of the Wombat data platform business from…
What Fintech’s Women Want
Tim reflects on an important but somehow still under-scrutinized problem discussed by this month’s Waters profile subject Dayna Corlito. When it comes to women in financial technology leadership, how can the industry change one reality, while facing up…
Saxo Appoints Ex-FOA CEO
Saxo Capital Markets UK has announced that Anthony Belchambers, former CEO of the Futures and Options Associations (FOA) will join the firm as a non-executive director.
Interactive Data Lures Vendor Vets Babarinde, Burtsal for EMEA Sales
Interactive Data has hired data industry veterans Olakunle Babarinde and Richard Burtsal as head of sales for real-time feeds and 7Ticks EMEA, and sales manager for trading solutions, respectively.
Corlito's Way: BTG Pactual COO Dayna Corlito
Thousands of miles from Copacabana Beach, BTG Pactual is doing things a once-small banking partnership from an emerging market shouldn’t be able to—managing a diverse group of admired hedge funds. Yes, the firm’s successful foray into asset management…
State Street Appoints Keogh Head of Alternative Investment Solutions for APAC
State Street Corporation has appointed Bob Keogh as its head of Alternative Investment Solutions (AIS) for Asia Pacific on the back of rising demand for alternative investment servicing in the region.